Tektronix Acquiring Minacom
BEAVERTON, Ore., Nov. 6, 2006 -- Tektronix Inc., a maker of test, measurement and monitoring equipment for the communications, computer and semiconductor industries, today announced it is acquiring Minacom, a provider of active probe test solutions used by telecommunications carriers, cable multisystem operators (MSOs) and wireless and voice over IP (VoIP) providers, for $27 million.
Tektronix said it expects the acquisition of Montreal-based Minacom to close within 30 days and for the deal to be immaterial to its bottom line for the fiscal year. Minacom's 35 employees will become part of Tektronix and the business will continue to be located in Montreal, Tektronix said, with the new group becoming a "center of excellence" for IP active test.
"This acquisition will enable Tektronix to offer both active and passive probing capabilities for modern and legacy networks," said Rich McBee, senior vice president and general manager, Tektronix Communications Business. "The integration of these products into one solution will accelerate delivery of our product roadmaps in key areas such as IP voice, video and data services and for access and edge network service management. Additionally, Minacom's respected leadership position with cable MSO's for active VoIP testing will provide direct access to a new market segment for Tektronix' monitoring business."
For more information, visit: www.tektronix.com